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ABC Broadcasting Company is comprised of two divisions: Music and News. operations in 2018 for each division and the total corporation follows: A summary of
ABC Broadcasting Company is comprised of two divisions: Music and News. operations in 2018 for each division and the total corporation follows: A summary of expected fus Sales Expenses Average assets S 800,000 $1,200,000 $2,000,000 1,600,000 1,000,000 2,000,000 3,000,000 700,000 900,000 A new project has just been identified that could be purchased and put in place by 2019. The required investmer in assets is S500 000 and it would generte net income of $70,000 i 2019 This project is an investment that is available to managers of cither the Music or News Division. Refer to ABC Broadcasting. Who would be in favor of investing in the new project assuming that the division are organized as investment centers and their performance is evaluated on the basis of return on investment? 17. a. yes b. no c. yes ews Manager yes no no yes d. no
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